Trump-Linked World Liberty Trust Applies for Federal Charter to Issue USD1 Stablecoin

TLDR World Liberty Trust Company applied for a national charter with the OCC to issue the USD1 stablecoin. The trust plans to mint, redeem, and convert USD1 for institutional clients, including exchanges and firms. World Liberty is linked to president Donald Trump through its name, leadership roles, and ownership by his family The OCC’s crypto [...]

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